Software stocks are dropping like rocks in 2026 as AI companies, including Anthropic, deliver more impressive enterprise tools. It’s reminiscent of the market’s reaction to DeepSeek in 2025 — a Chinese startup that seemed like it could deliver the same AI capabilities with a fraction of the hardware requirements. This “DeepSeek Moment” caused investors to re-think their assumptions, and the rapid rise of enterprise AI tools appears to have investors re-thinking things again. Tyler Crowe, Matt Frankel, and Jon Quast discuss which stocks may be more safe, sudden shifts in the job market, how the economy impacts our investing, and stocks on our radar. Companies discussed: CRWD, TOST, UPS, AMZN, POWL, ZS, GDDY. Host — Tyler Crowe; Guests — Matt Frankel, Jon Quast.

Guests: Matt Frankel,Jon Quast

Published: Sat 7 February 2026